The global face wash and cleanser market size is expected to reach USD 33.3 billion by 2025 registering a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Increasing pollution levels and need for effective face cleaning products are expected to augment the growth of this market over the forecast period. In addition, rising cases of skin problems, such as acne, rash, and irritation, are driving the demand for organic and chemical-free products, which, in turn, will boost the growth further.
Rising awareness about the
availability of innovative products is also expected to drive the demand in the
years to come. On the basis of product type, the market is segmented into face
wash and cleansers. The foam-based face wash segment is expected to witness the
highest CAGR from 2019 to 2025. Supermarket & hypermarket was the largest
distribution channel segment and is expected to maintain its leading position
over the next few years.
Increasing number of supermarkets
& hypermarkets on account of rapid expansion of organized retail sectors in
developing countries is expected to boost the segment growth. Some of the key
companies in the global market are Unilever, The Procter & Gamble Company,
L’Oreal S.A., The Himalaya Drug Company, Godrej Consumer Products Ltd.,
Shiseido Co., Ltd., Zydus Wellness, Estee Lauder Company Ltd., Johnson and
Johnson Ltd., and The Proactiv Company LLC.
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Further key
findings from the study suggest:
- Gel-based face wash and
cleanser is expected to have the highest CAGR of 6.1% and 6.3% respectively
over the next few years
- Cream-based face wash was
the largest product segment in 2018 and accounted for more than 35% of the
overall market share
- Supermarket & hypermarket
distribution channel accounted for the largest revenue share of 36.10% in
2018
- Key manufacturers are
focusing on product development, capacity expansion, and technological
innovation for a greater face wash and cleanser market share
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Grand View Research has segmented
the global face wash and cleanser market on the basis of product type,
distribution channel, and region:
Face Wash and
Cleanser Product Type Outlook (Revenue, USD Billion, 2015 - 2025)
- Facewash
- Gel-based
- Cream-based
- Foam-based
- Cleanser
- Gel-based
- Cream-based
- Oil-based
Face Wash and
Cleanser Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
- Online
- Drugstore
- Supermarket &
Hypermarket
- Specialty Stores
Face Wash and
Cleanser Regional Outlook (Revenue, USD Billion, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Central & South America
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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